BMO Bank of Montreal 2.99% 5 Year Fixed Mortgage Rate is Back
Mortgage News / Mortgages

BMO Bank of Montreal 2.99% 5 Year Fixed Mortgage Rate is Back

Just over a week ago BMO executives had issued a warning to mortgage brokers, letting them know that they were going to beef up their mortgage sales force and focus on capturing market share. BMO is looking to kick their growth into high gear in response to feeling the effects of a sluggish market. In this case, their bite was worse than their bark. BMO is once again offering their 5 year fixed closed mortgage at 2.99%. Continue reading »